April 26, 2013 – Austin, TX
When 21-year old Tom Pszeniczny decided to make his foray into investing, he figured Apple was a pretty safe bet.
Continue reading here: I lost $2,000 on Apple, but still betting on recovery
Plane makes emergency landing at Takamatsu airport, western Japan, in latest safety scare for troubled new aircraft
Japan’s largest airline, ANA, and its competitor JAL have each grounded their entire fleet of Boeing 787 Dreamliners after an emergency landing due to a smoke alarm in the cockpit – the most dramatic of a spate of incidents involving the troubled aircraft over the past week and since its inception.
All Nippon Airways said the plane’s eight crew and all 129 passengers had evacuated safely on inflatable slides. Instruments in the cockpit indicated there had been a battery malfunction and the pilot had noticed a strange smell.
ANA said the plane diverted to Takamatsu, western Japan, at 8.45am on Wednesday. It had been bound for Haneda airport in Tokyo.
A spokesman for the Osaka airport authority said the plane had left Yamaguchi at 8am and made the emergency landing after the smoke alert.
The incident is certain to rock global airlines’ confidence in the new aircraft, which went into commercial service just over a year ago after a three-year delay caused by design and production problems.
In the aftermath of the emergency landing, both ANA and JAL said they were grounding all their Dreamliners until satisfied they are safe to fly. The incidents have caused particular concern in Japan, the Dreamliner’s biggest market, with ANA and Japan Airlines (JAL) flying 24 of the 50 planes to have rolled off the production line so far.
ANA is the biggest operator of the 787 in the world so far, having taken delivery of 17 aircraft including the first one flown commercially.
The aircraft has been hit by half a dozen incidents in the past week, including two fuel leaks, a battery fire, a wiring problem, a brake computer fault and a cracked cockpit window. Before that there had been engine failures during testing and in one case a Dreamliner cargo plane was forced to cancel takeoff when one of its General Electric turbines lost power.
US aviation officials say the aircraft is safe and it is not unusual for new models to experience minor mishaps, but the recent incidents have inevitably raised questions over the Dreamliner’s safety. More than 800 Dreamliners have been ordered by airlines around the world.
The aircraft was supposed to have heralded a new era in commercial flight. Boeing officials say the plane, which is made of carbon fibre and other lightweight materials, is 20% more fuel-efficient than conventional airliners and 30% cheaper to maintain, and features design improvements for more comfortable medium and long-haul flights.
Boeing spokesman Marc Birtel told Reuters: “We’ve seen the reports, we’re aware of the events and are working with our customer.”
On Tuesday Japan’s transport ministry said it was launching an investigation into the cause of two fuel leaks on a JAL Dreamliner. That came after US transport authorities and Boeing started a joint investigation into the aircraft’s manufacturing, design and assembly.
“Looking at this from the point of view of average citizens, having these sort of incidents occur seemingly day after day, one could become very uneasy,” Akihiro Ota, Japan’s transport minister, told reporters.
“We plan to look into the scale of these accidents and what the overall situation is. We will convey the message to those who operate [the plane] that it is absolutely necessary to be safe.”
The yield on the 10-year Treasury note is closing in on 2%, hurting investors who plowed into the safe haven investment at lower rates.
Continued here: Treasuries singe investors
Insurers are urging homeowners to be well prepared by keeping key documents safe as strong winds and rain lash parts of the UK.
Continued here: Insurers urge flood preparations
ST. AUGUSTINE, Fla., Aug. 27, 2012 /PRNewswire/ — O2 Secure Wireless, Inc. (Pink Sheets: OTOW – News) announces that the Company is set to begin testing of new cutting edge wireless broadband equipment beginning in September, 2012.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
The Company has recently completed a fiber backhaul installation at the corporate retail location in Palm Coast and will be installing new revolutionary advanced technology broadband equipment for testing.
The testing period is scheduled to conclude 60 days following installation. O2 Secure Wireless will be thoroughly testing the total coverage area and signal strength for indoor and outdoor coverage, as well as the different antennas and amplifiers. The Company will be testing many different configurations of the equipment. Once it meets or exceeds the specifications of the manufacturers’ technical data the Company will approve the purchase of the equipment and begin building out the Palm Coast market area.
Keep your phone safe and prepared for bad storm
These days every South Floridian should treat a smartphone or mobile device as another tool in your home storm kit. To prepare for Tropical Storm Isaac — or any other subsequent major storm that may come our way this season — I tuned up my mobile phone …
Carmike Cinemas (CKEC) issues an official statement in response to an earlier reported bomb threat, saying that on the evening of August 16, it received a non-specific telephoned bomb threat at its corporate offices in Columbus, GA. The company alerted community law enforcement officials and the FBI. Searches have been completed at the affected theatres and nothing was found. All theatres affected by the threat have been checked and deemed safe for use, and a federal investigation is underway. Post your comment!
Continue reading here: Carmike Cinemas (CKEC) issues an official statement in response to an earlier reported bomb threat, saying that on the evening of August 16, it received a non-specific telephoned bomb threat at its corporate offices in Columbus, GA. The company…